Scandal and Restoration: The Harding and Coolidge Years.

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Presentation transcript:

Scandal and Restoration: The Harding and Coolidge Years

“I have no trouble with my enemies… but my… friends, they’re the ones that keep me walking the floor at nights!” - Harding - Harding Prompts: 1.One time my friend caused great heartache in my life by…. 2.My friends in my life are/ are not a direct reflection of who I am because… 3.If I were elected I would/ would not take some of my friends along with me to Washington D.C. because….

Charles Evans Hughes- Sec. of State Charles Evans Hughes- Sec. of State Herbert Hoover- Sec. of Commerce Herbert Hoover- Sec. of Commerce Andrew Mellon- Sec. of Treasury Andrew Mellon- Sec. of Treasury Ohio Gang- a group of close friends and political supporters whom Pres. Harding appointed to the cabinet Ohio Gang- a group of close friends and political supporters whom Pres. Harding appointed to the cabinet

Teapot Dome Scandal- secret leasing of oil-rich public land to private companies in return for money and land (Albert B. Fall) Teapot Dome Scandal- secret leasing of oil-rich public land to private companies in return for money and land (Albert B. Fall)

 Director of the VA - Colonel Charles G. Forbes  Medical supplies were sold to the civilian market and the money was pocketed by Forbes! OUCH!

Silent Cal… Calvin Coolidge Was known to have Been silent in 5 different Languages… ……….

 Calvin Coolidge -Tariffs high -Private business profits high -Wages increased  Andrew Mellon -Secretary of Treasury -Harding selected/ Coolidge Approved -Supply-Side Economics

Basic Economic Chart FEDERAL TAXES

Supply Side Economics We are slashing taxes! Extra $$$ = Expansion Expansion = More Jobs for Us! More Wages = More Revenue

Question:  A time of isolationism- Can the federal government keep America out of World affairs? Answer:  Washington Naval Conference- 5 major naval forces agreed to disarm… The U.S. must take a leadership role.

Foreign Policy High tariffs and reparations created a stressful economy in Europe Britain and France: 2 ways to pay back U.S. $10 million - Selling goods - Collect German war reparations Germany’s Deutschemark was highly inflated

US GERMANY BRITAIN and FRANCE

??????????????????????? Is it possible to outlaw war? Is it possible to outlaw war? The Kellogg-Briand Pact was created to answer this question… The Kellogg-Briand Pact was created to answer this question…